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Thursday, August 6, 2015

Increased Natural Gas Supply to Bring Lower Heating Bills for Many in Ohio

From the Toledo Blade:
For 1.2 million homeowners in Ohio, heating bills this winter might be the lowest of the last decade. 
Columbia Gas of Ohio announced this week its monthly budget plan for the next year for its average customer natural gas usage, and it’s $63 compared with $80 last year. Each customer’s budget plan varies, however, based on past usage by that customer. 
The lower price tag on gas this coming season stems from increased access to the fuel in the market because of new pipelines and supplies, said Columbia Gas spokesman Chris Kozak. 
“Increased supply is always going to drag down the price,” he said, explaining that the increased supply is coming from production in western Pennsylvania and eastern Ohio at drilling spots in Utica and Marcellus shale areas.
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